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QUESTION 1 Uncle TT sells cheese cakes. Selling price of each cheese cake is $10 and variable costs of $4. Total fixed costs for Uncle

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QUESTION 1 Uncle TT sells cheese cakes. Selling price of each cheese cake is $10 and variable costs of $4. Total fixed costs for Uncle TT are $9,000 What is the contribution margin per cake? What is the Uncle TT's total profit when 2,000 cakes are sold? How many cakes must Uncle TT sell to reach the breakeven point? How many cakes must Uncle TT sell to yield a profit of $6,000? No need to write down the unit or $ sign in your answers

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